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Reframing Is

question 14

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Reframing is

Identify different types of real estate investments.
Understand the distinction between direct and indirect real estate investments.
Comprehend the roles and responsibilities of REITs and their classification.
Grasp the financial and tax implications of real estate investments since 1987.

Definitions:

Norm-Referenced Test

A type of test designed to compare and rank test takers in relation to one another.

Measures of Central Tendency

Statistical metrics that describe the center point or typical value of a dataset, including mean, median, and mode.

Raw Scores

The initial, unadjusted scores obtained directly from assessments or tests, often before any standardization, scaling, or norming procedures are applied.

Z-Score

The most fundamental standard score, which is created by converting an individual’s raw score to a new score that has a mean of 0 and a standard deviation of 1.

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